TOKYO :SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to 'offence mode' amid excitement over advances in artificial intelligence.The group had retreated into a defensive stance, curbing investment activity as it booked heavy investment losses
TOKYO :SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to"offence mode" amid excitement over advances in artificial intelligence.
"The time has come to shift to offence mode," Son told shareholders at the group's annual general meeting. Chief Financial Officer Yoshimitsu Goto last month said that the group wants to ensure it does not miss investment opportunities, moderating its previous emphasis on defence. Son, who has stepped back from public pronouncements in recent months, spent much of his presentation to a loyal retail investor base on Wednesday speaking about his enthusiasm for AI.Son said he asked ChatGPT, the AI-powered chatbot from startup OpenAI, to write new adventures for Astro Boy, the classic manga series by Tezuka Osamu.The billionaire said he has spent the last eight months creating inventions that he believes can be realised through the conglomerate's chip designer Arm.
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